11/02/2015

Sunningdale Tech Limited

Acquisition of Sabiedrība ar ierobežotu atbildību Skan Tooling

SUNNINGDALE TECH LTD
(Company registration number 199508621R)
(Incorporated in the Republic of Singapore)
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COMPLETION OF THE ACQUISITION OF SABIEDRĪBA AR IEROBEŽOTU ATBILDĪBU SKANTOOLING
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Sunningdale Tech Ltd (the "Company") refers to the following announcements made by the Company:
(a) the announcement dated 19 August 2015 (the "19 August 2015 Announcement") in relation
to the entry of the Company's wholly-owned subsidiary, Omni Mold Ltd., into a conditional sale and purchase agreement with, inter alia, Sabiedrība ar ierobežotu atbildību Rolands Moisejs (the "Vendor") to (a) acquire the entire issued and paid-up share capital of Sabiedrība ar ierobežotu atbildību Skan-Tooling ("Skan-Tooling") and (b) accept the assignment and transfer of the loans and advances made by the Vendor and its related parties to Skan-Tooling (the "Transferred Loans") (the "Proposed Acquisition"); and (b) the announcement dated 27 August 2015 in response to certain queries received from the Singapore Exchange Securities Trading Limited in relation to the 19 August 2015 Announcement and the Transferred Loans Value referred to therein.
All capitalised terms used herein shall, unless otherwise defined, have the same meanings as defined in the 19 August 2015 Announcement.
The Company is pleased to announce that the Proposed Acquisition has been completed today. As at
the date of completion of the Proposed Acquisition, the Transferred Loans Value is EUR 256,175.15.



BY ORDER OF THE BOARD
SUNNINGDALE TECH LTD